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Turnkey Restaurant with Hibachi Tables
For Sale
$950,000

365 W Broadway, Newport, TN 37821

Fully equipped restaurant operation with four hibachi tables, a dedicated sushi bar, and over 50 on-site parking spaces.

Days on Market22

Property Features for 365 W Broadway

General Information

Standard status Active

Site & Location

Pylon Signage Yes
Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes
Equipment Included Yes
Listing Agency: Askew Realty Group
Listed By: Billy Askew · License #269829
Source: Exprealty
Added: Jul 11 Changed: Jul 30 Last Checked: Jul 31 at 2:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Askew Realty Group

Investment Insights

Based on property information with market context.

365 W Broadway, Newport, TN offers a fully operational, turnkey restaurant built for day-to-day service. The spacious dining area is set up to accommodate more than 100 guests and includes four hibachi tables plus a dedicated sushi bar with additional seating.

The commercial kitchen is fully equipped with a walk-in cooler, flat-top grill, gas ranges, ice machine, dishwasher, and abundant prep space. Two separate storage rooms support daily operations, and the included equipment conveys with the sale.

On-site parking includes over 50 spaces, and the property features a large illuminated roadside sign and strong road frontage for visibility. The restaurant is conveniently located about 10 minutes from Interstate 40 and approximately 30 minutes from Sevierville. The business remains open and operating, so showings are available by appointment only during approved times.

Key Highlights

  • Dining area for more than 100 guests with four hibachi tables
  • Dedicated sushi bar with additional seating
  • Fully equipped commercial kitchen with walk‑in cooler, flat‑top grill and gas ranges

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency HVAC Service Building Supply Kitchen & Bath Showroom Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

536
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 55% Dining 26% Shops & Services 14% Apparel 5%
Food City Groceries
34,146 visits/mo 0.1 miles
A&W Restaurant Dining
11,672 visits/mo 0.4 miles
Dollar General Shops & Services
5,069 visits/mo 0.2 miles
Long John Silver's Dining
4,396 visits/mo 0.4 miles
U.S. Bank Shops & Services
4,009 visits/mo 0.1 miles

Demographics for 37821, TN

22,928
Population
10,897
Households
2.1
Avg Household Size
44
Median Age
9%
College-Educated
84%
High-School Grad
129.8 sq mi
ZIP Area
177
Density / Sq Mi
$45,350
Median Household Income
$34,307
Median Earnings
$789
Median Rent
$127,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant operation with four hibachi tables, a dedicated sushi bar, and over 50 on-site parking spaces.
Where is this conventional restaurant located?
The property is located at 365 W Broadway Newport, TN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Dining area for more than 100 guests with four hibachi tables; Dedicated sushi bar with additional seating; Fully equipped commercial kitchen with walk‑in cooler, flat‑top grill and gas ranges
More about this property
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